Melinda Flynn

Real Estate eNews & Updates

April 2010

Greetings!
We've been busy as ever here at the Melinda Flynn Real Estate Team, and we have YOU to thank for your business and referrals year-to-date! 
 
Thank you for your constant support as our business grows. We're always here to serve you if you have any real estate needs or questions.
 
  Sincerely,
 
Melinda Flynn, Realtor
 Billy Chacon, Realtor (Buyer's Agent)
Lindsay Karbe, Executive Assistant
310-265-4222 Direct
 
*Want to be on our A-List for special treats throughout the year? Sign up for our Client Appreciation Program and send us your referrals for people you know who are looking to sell or buy real estate. (Delivery items are limited to South Bay residents.)
In This Issue
*Home Buyer Tax Credit Updates & News
*What We're Up To At Melinda's Real Estate Team--New Listings, Sales, & Buyer Needs
*In the Mail
Home Buyer Tax Credit Updates & News
 

     

This is all sweet & sour news...where there is good news there is a flip side!
 
Just a reminder for our First-Time Buyers and Repeat Buyers: this is the last week to get into contract in order to take advantage of the Federal Home Buyer Tax Credits. Restrictions apply, so check with your Tax Advisor to see if you qualify (ask for Gary Chan if you need a recommendation).
 
But don't worry; if you miss the Federal Tax Credit, there is a new First-Time Buyer & New Construction State Credit for escrows closing between May 1, 2010 and January 1, 2011. However, I don't recommend putting all of your eggs in that basket; some economists predict that the money will run out before the end of May.
 
If you're feeling a little cheated out of money because your home-buying timing isn't right, click to learn about Coldwell Banker's Innovative 3% Buyer Bonus (I've just updated my dusty blog, where you can read all about it)!
 
All in all, I think the tax credits and bonuses are the icing on the cake, but it shouldn't be the only reason to buy a home! Here are some great reference articles outlining all sorts of benefits of owning a home.
 
If you're ever in need of real estate advice or services, we are here to help.
Quick Links
*Melinda's Current Listing Inventory (We're always looking for more inventory, submit South Bay SELLER REFERRALS here)
 
*Melinda's Website
 
*Melinda's Blog
 
This Month's Featured Business: Andy's Termite
 
            Andy's Termite Logo
 
For outstanding service on a recent escrow, we're highlighting Andy's Termite Company. If you're ever in need of a termite inspection/work, give Andy's a call at 310-534-2700. Thanks Andy, Jen & Jean!
 
Visit Melinda's Online Business Directory for a complete list of top-notch service providers!
 
Join Our Mailing List!
What We're Up To At Melinda's Real Estate Team--Listings, Sales, & Buyer Needs
It's a busy market. As you know, our real estate business runs on referrals; they are the gas in our tank. Well guess what? We also advertise by referral! So, here's our latest inventory and what's in the works.
 
Please help us spread the word to move inventory & buyers! Forward the info. to your friends, co-workers, family...maybe they are talking to someone right now who'd be a perfect fit. Click links for photos & more details.
 
Currently Listed:
  • 1700 Nelson Avenue, Manhattan Beach 90266 featuring 7 bedrooms, nice upgraded kitchen, fabulous over-sized corner lot, great neighborhood! When I visit this home for open house or a visit with my client, I don't want to leave! It's a wonderful house with a great floor plan. Nice custom build, not a "cookie cutter". List price: $1,875,000.
  • 2666 The Strand, Hermosa Beach 90254 wonderful multi-residential 3-units, beach-front! This great Strand property offers a double-lot frontage...you get the space where it counts. Full ocean views from each unit. Buy now and rent/live in, build later! List price: $12,000,000.
 
To Be Listed in May:
  • Golden Hills single family home 3 bedroom/2 bath, price TBD (under $700k)
 
Do You (Or Someone You Know) Have What Some of Our Buyers Are Looking For?
  • Single family home in Lawndale/Hawthorne up to $200k, fixer okay
  • Single family home on the Peninsula, up to $850k, light fixer okay 
  • 2-4 unit building in Lawndale, up to $450k with sensible numbers!  
 
Congratulations - Recent Closings
  • Clyde Park Ave., Holly Glen (a miracle how it happened!)
  • 4th Street, Long Beach (the perfect fit after a long search!)

In Escrow, Closing Soon - Congratulations to Our Recent Buyers! 
  • Fusion townhome, Hawthorne (the longest short sale approval EVER) :)
  • Glencoe Ave., Marina del Rey (STILL waiting for short sale approval!)
 
We'd love to add you or your friends, family, neighbors, co-workers to our Currently Listed, Congratulations, or Looking For list. If you or someone you know needs our services, or if you have questions about anything posted here just give us a call at 310-265-4222.
In the Mail: "Built to Last: New Household Formation Will Fuel Housing Demand."

Mail box

This month's Item of Value* was about the continued rise in population and demand for housing supply. Here is a supplement eReport to what you received in the mail, "Built to Last: new household formation."
 
Sneak peak at next month's Item of Value: "A Place to Call Home: Neighborhood characteristics play a significant role in determining a home's value." This has an interesting real estate focus, you will not want to miss it! Be watching your mail in the next couple of weeks for it.
 
*If you live [or know people] in the LA/South Bay and would like to receive my monthly Items of Value in the mail, please contact me with your mailing address or sign up for my Client Appreciation Program here.